Jack in the Box Inc. Completes Sale of Del Taco Holdings Inc.
SAN DIEGO--(BUSINESS WIRE)--Jack in the Box Inc. (NASDAQ: JACK) (the "Company†) today announced that it has completed the sale of Del Taco Holdings Inc. ("Del Taco†), to Yadav Enterprises Inc. ("Yadav†). The closing of this transaction is an important step in the Company's "Jack on Track†plan to strengthen the Company's balance sheet and accelerate its shift toward a simpler, asset- light business model. The Company completed the sale to Yadav for approximately $119 million in consideration, subject t ...